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Project - Case Study of Not-For-Profit Medical Research Center

Hanson College_BUS1037_Project Management 1

Instruction This project is designed to facilitate students further understanding the key elements in project

management and the opportunity to apply what has been studied and examined in class into real

business cases.

This project is group based and there are 4 to 8 students per group. In this project, there are 5 parts

composing the entire case study / project, covering the topics of “Activity Sequence”, “Schedule

Development”, “Resources Utilization”, “Costs, Budget & Earned Value”, and “Risk

Management”.

This is an open-ended project that means students can give different solutions as long as the

solutions are reasonable, and work out. It is encouraging to use own thoughts and creativity for

this project.

Requirements

- Set up a group of 4 – 8 students

- Assign the roles among group members

- Read thoroughly and well understand the case, and the questions and requirements

- Prepare a professional report containing all the answers to the questions,

- Submit it by / before the due time

- APA format

o Cover page

o Times New Roman, 12 PT

o Double Space

o In-Text Citation

o Reference Section at the end

o Appendix

- Good Writing Structure

o Opening

o Main Body

Project - Case Study of Not-For-Profit Medical Research Center

Hanson College_BUS1037_Project Management 2

o Summary

- Language and Grammar

o Academic English

o No or tiny grammatical errors / mistakes

o Good use of punctuations

* One student from each group submits one copy to Schoology

Project - Case Study of Not-For-Profit Medical Research Center

Hanson College_BUS1037_Project Management 3

Project - Case Study of Not-For-Profit Medical Research Center

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Part 1

1. Establish the project objective and make a list of your assumptions about the project

2. Develop a work breakdown structure (WBS)

3. Prepare a list of the specific activities that need to be performed to accomplish the project

objective

4. For each activity, assign the person who will be responsible

5. Create a network diagram that shows the sequence and dependent relationships of all the

activities.

Part 2

1. Develop an estimated duration for each activity. Responses should use the list of tasks

developed in chapter 4 and include the estimated duration for each task.

2. Using a project start time of 0 (or May 15) and a required project completion time of 180

days (or November 15), calculate the ES, EF, LS, and LF times and total slack for each

activity. If your calculations result in a project schedule with negative total slack, revise

the project scope, activity estimated durations, and/or sequence or dependent relationships

among activities to arrive at an acceptable baseline schedule for completing the project

within 180 days (or by November 15). Describe the revisions you made.

3. Determine the critical path and identify the activities that make up the critical path.

4. Produce a bar chart (Gantt Chart) based on the ES and EF times from the schedule in item.

Part 3

Using the responsibility assignments you made in Part 1 and the baseline schedule you

developed in Part 2, now develop a resource requirements table (similar to Figures 6.3),

for each resource, based on an as-soon-as-possible (ASAP) schedule.

Part 4

1. Using the schedule from Part 2, estimate the cost for each activity.

2. Determine the total budgeted cost for the project.

Project - Case Study of Not-For-Profit Medical Research Center

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3. Prepare a budgeted cost by period table (similar to Figure 7.5) and a cumulative budgeted

cost (CBC) curve (similar to Figure 7.6) for the project.

Part 5

1. Identify at least four risks that could jeopardize the project.

2. Create a risk assessment matrix including a response plan for each of the risks.